ā¹1639 ⢠HDFC Bank
S1 |
S2 |
R1 |
R2 |
COMMENT |
1630 |
1600 |
1660 |
1690 |
Go long with a stop-loss at 1620. |
ā¹1247 ⢠Infosys
S1 |
S2 |
R1 |
R2 |
COMMENT |
1240 |
1220 |
1275 |
1300 |
Buy the stock with stop-loss at 1230. |
ā¹427 ⢠ITC
S1 |
S2 |
R1 |
R2 |
COMMENT |
423 |
418 |
429 |
433 |
Initiate longs above 429; stop-loss at 420. |
ā¹167 ⢠ONGC
S1 |
S2 |
R1 |
R2 |
COMMENT |
166 |
165 |
168 |
170 |
Refrain from trading this stock. |
ā¹2439 ⢠Reliance Ind.
S1 |
S2 |
R1 |
R2 |
COMMENT |
2420 |
2380 |
2460 |
2500 |
Short the stock with stop-loss at 2460. |
ā¹586 ⢠SBI
S1 |
S2 |
R1 |
R2 |
COMMENT |
580 |
572 |
590 |
600 |
Buy on a break of 590; stop-loss at 580. |
ā¹3209 ⢠TCS
S1 |
S2 |
R1 |
R2 |
COMMENT |
3200 |
3160 |
3230 |
3275 |
Go short below 3200; stop-loss at 3230. |
18232 ⢠Nifty 50 Futures
S1 |
S2 |
R1 |
R2 |
COMMENT |
18160 |
18100 |
18300 |
18380 |
Initiate short if price rises to 18300; stop-loss at 18350. |
S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.
Published on May 18, 2023